Kapil Bhatia
Delhi, India
Bachelor of Science in Engineering, University of Waterloo
India
airlines, Self Made
$5,000,000,000
504
#504 Billionaires 2019
#41 India's Richest 2018
Father and son Kapil & Rahul Bhatia get the bulk of their wealth from InterGlobe Aviation, which owns budget carrier IndiGo, India's biggest airline.IndiGo, which was cofounded with billionaire airline veteran Rakesh Gangwal in 2006, has a 43% domestic market share. Today it has a fleet of 209 aircraft and flies to 68 destinations, including 16 overseas. Rahul took charge as IndiGo's interim boss after the airline's long-time CEO resigned in April 2018.In January 2019, IndiGo announced that airline veteran Ronojoy Dutta, a former president of United Airlines, would be the new CEO.
An electrical engineer, Rahul Bhatia's first business venture was in telecom but that never took off due to regulatory hurdles.
Rahul Bhatia
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